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Credit facility. A credit facility is an agreement in terms of which a credit provider supplies goods or services, or pays an amount to the consumer. The consumer's obligation to pay the price or repay the money is deferred, in exchange for which the consumer pays interest and fees. Examples of a credit facility are credit advanced.
History of South Africa. The first modern humans are believed to have inhabited South Africa more than 100,000 years ago. [ 1 ] In 1999, UNESCO designated the region the Cradle of Humankind World Heritage site. [ 2 ] South Africa's first known inhabitants have been referred to as the Khoisan, the Khwe and the San.
SA Home Loans is a mortgage finance company and mortgage insurance provider [1] in South Africa. It was founded in February 1999 and is headquartered in uMhlanga, South Africa near the city of Durban. [2] Its services cover origination and credit approval through to registration and ongoing loan servicing. [3][citation needed]
The African Development Bank said Thursday it had approved a $1 billion loan to South Africa's state-owned rail and ports company, Transnet. The 25-year loan was wholly guaranteed by the South ...
The South African law of lease is an area of the legal system in South Africa which describes the rules applicable to a contract of lease (or letting and hiring, Lat locatio conductio, Afrik huur en verhuring). [1]: 906 This is broadly defined as a synallagmatic contract between two parties, the lessor and the lessee, in terms of which one, the ...
According to Mackeurtan, Purchase and sale (emptio venditio) is a mutual contract for the transfer of possession of a thing in exchange for a price. It has three essentials: consent (consensus ad idem); a thing sold (merx); and a price (pretium). [ 8 ] Remember that a sale contract is a special form of contract, and so all law discussed under ...
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